Russia uses Bitcoin to dodge sanctions in oil trades with China and India

Mar 14, 2025

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The Tsarevich Alexander Nikolaevich On A Bearhunt On The Outskirts Of Moscow, by Otto Grashof, (1843) public domain

Russia is using cryptocurrencies to facilitate oil trades with China and India, helping Moscow dodge Western sanctions in its $192 billion oil trade, Reuters has revealed.

The previously unreported practice involves Russian oil companies usi…

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Ellsworth Toohey

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